Altisource

Altisource Portfolio Solutions SA engages in the provision of integrated service and marketplace for the real estate and mortgage industries. It operates through the following businesses: field services, marketplace, and mortgage and real estate solutions. The field services segment is involved in property preservation and inspection services, and vendor management oversight software-as-a-service (SaaS) platform. The marketplace business offers Hubzu, an online real estate auction platform, real estate auction, real estate brokerage, and asset management; and Equator, a SaaS-based technology to manage real estate owned, short sales, foreclosure, bankruptcy, and eviction processes. The mortgage and real estate solutions business includes mortgage loans, title insurance, real estate valuation services, residential and commercial construction inspection and risk mitigation services, foreclosure trustee services, and management of Lenders One. The company was founded on November 4, 1999 and is headquartered in Luxembourg.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Altisource (ASPS) reports robust 2022 performance and eyes revenue growth

Altisource (ASPS) delivered a strong performance in 2022, focusing on revenue growth, cost savings, and balance sheet strengthening. While facing challenges in certain segments, the company anticipates growth in revenue, margin expansion, and positive adjusted EBITDA in 2023. With a strategic focus on new business wins and market recovery, Altisource is poised for continued success.

Altisource (ASPS) reports robust Q1 performance amidst market challenges

Altisource (ASPS) delivered a strong performance in Q1 2023, driven by revenue growth, cost-saving measures, and a strengthened balance sheet. While facing challenges related to consumer financial stress indicators and market risks, the company remains optimistic about revenue and EBITDA growth opportunities. By focusing on operational efficiency and leveraging its sales pipeline, Altisource aims to navigate market challenges and drive future growth.

Altisource (ASPS) reports 47% EBITDA growth, eyes acquisitions for 2024

Altisource (ASPS) delivered a strong performance in adjusted EBITDA, despite challenges in service revenue. With a strategic focus on managing expenses, new business wins, and potential acquisitions, the company aims for positive adjusted EBITDA in the fourth quarter and eyes growth opportunities in 2024.

Altisource (ASPS) reports strong Q3 performance and cost-cutting success

Altisource (ASPS) delivered a strong performance in Q3 2023, with improved adjusted EBITDA and margins in both segments. The company is actively pursuing new business opportunities, cutting costs effectively, and maintaining a healthy cash position. Analysts are interested in foreclosure trends, cost-cut progress, and future cash flow outlook.

Altisource reports mixed Q4 performance, focuses on growth strategies

Altisource's Q4 2023 performance reflects a mix of challenges and strengths across its segments, with a focus on operational efficiency and strategic growth initiatives for 2024.
The company's resilience in the Origination segment and progress in debt reduction underscore its commitment to financial stability and market positioning.
While facing challenges in revenue growth and inventory management, Altisource has opportunities to leverage customer relationships, innovation, and debt management for future success.
Overall, Altisource's strategic focus on growth, efficiency, and financial health positions it for potential long-term sustainability and competitive advantage.

Altisource excels in Q1, eyes revenue growth and market expansion

Altisource's strong Q1 performance, focus on market share growth, and emphasis on profitability through efficiency initiatives position the company for continued success. With a positive outlook for revenue and EBITDA growth, Altisource is strategically navigating market dynamics and capitalizing on sales wins.

Altisource (ASPS) reports robust Q2 performance and eyes revenue growth

Altisource (ASPS) delivered strong Q2 results with revenue growth and improved margins, focusing on new business wins and service expansion.
While challenges like consumer financial stress and market uncertainties exist, Altisource remains optimistic about future growth and revenue contributions.
The company's strategic initiatives in homeowners insurance and renovation services position it well for achieving 2024 targets and driving profitability.

Altisource (ASPS) reports robust Q3 performance, eyes Renovation business growth

Altisource Portfolio Solutions (ASPS) delivered a solid performance in Q3 2024, driven by strong service revenue and improved adjusted EBITDA. The company's focus on the Renovation business and diversification of revenue streams are key strengths. Despite market challenges, ASPS remains optimistic about future growth opportunities and is proactively managing risks.
ASPS's ability to adapt to changing market conditions, particularly in the Renovation business, highlights its resilience and strategic foresight. By maintaining good margins and capacity to handle referrals, ASPS is well-positioned for sustained growth and success in the evolving market landscape.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

LUXEMBOURG, May 03, 2021 (GLOBE NEWSWIRE) -- On Monday, May 10, 2021, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the first quarter 2021. A press release and presentation will be available on Altisource's website in the Investor Relations section.

Altisource Portfolio Solutions S.A. Schedules First Quarter 2021 Conference Call

Altisource Portfolio (ASPS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Altisource Portfolio Solutions (ASPS) to Report a Decline in Earnings: What to Look Out for

Altisource Portfolio (ASPS) delivered earnings and revenue surprises of -66.67% and 4.10%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Altisource Portfolio Solutions (ASPS) Reports Q4 Loss, Tops Revenue Estimates

Shares of Altisource Portfolio (NASDAQ:ASPS) remained unaffected after the company reported Q4 results. Quarterly Results Earnings per share were down 523.08% year over year to ($1.10), which missed the estimate of ($0.65).

Altisource Portfolio: Q4 Earnings Insights

LUXEMBOURG, March 11, 2021 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the fourth quarter and full year 2020.

Altisource Announces Fourth Quarter and Full Year 2020 Financial Results

LUXEMBOURG, March 08, 2021 (GLOBE NEWSWIRE) -- On Thursday, March 11, 2021, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the fourth quarter and full year 2020. A press release and presentation will be available on Altisource's website in the Investor Relations section.

Altisource Portfolio Solutions S.A. Schedules Fourth Quarter and Full Year 2020 Conference Call

Mortgage industry veteran to lead the cooperative Mortgage industry veteran to lead the cooperative

Justin Demola, CMB Promoted to Lenders One President

New remote video inspections service helps builders increase inspection accuracy, save time and receive funds faster New remote video inspections service helps builders increase inspection accuracy, save time and receive funds faster

Granite Risk Management Launches one2one Remote Video Inspection Solution for Construction Projects

Mortgage industry service provider's new program helps borrowers avoid foreclosure through its Signature Seller Assisted Sale program Mortgage industry service provider's new program helps borrowers avoid foreclosure through its Signature Seller Assisted Sale program

Altisource Poised To Assist Servicers and Borrowers Post Forbearance

Altisource Portfolio Solutions SA (ASPS) CEO William Shepro on Q3 2020 Results - Earnings Call Transcript

Altisource Portfolio Solutions S.A.'s (ASPS) CEO William Shepro on Q3 2020 Results - Earnings Call Transcript

Altisource Portfolio (ASPS) delivered earnings and revenue surprises of 69.62% and 46.03%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Altisource Portfolio Solutions (ASPS) Reports Q3 Loss, Tops Revenue Estimates

Altisource Announces Third Quarter 2020 Financial Results

LUXEMBOURG, Oct. 23, 2020 (GLOBE NEWSWIRE) -- On Thursday, October 29, 2020, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the third quarter 2020. A press release and presentation will be available on Altisource's website in the Investor Relations section.

Altisource Portfolio Solutions S.A. Schedules Third Quarter 2020 Conference Call

Mortgage industry service provider helping banks and servicers with the massive increase of borrower inquiries centered around COVID-19 options and outcomes Mortgage industry service provider helping banks and servicers with the massive increase of borrower inquiries centered around COVID-19 options and outcomes

Altisource Expands Its Offerings to Include Business Services Capabilities to Assist Servicers

By integrating the Secure Insight fraud prevention tool, the Vendorly platform now helps reduce a key risk to lenders and banks By integrating the Secure Insight fraud prevention tool, the Vendorly platform now helps reduce a key risk to lenders and banks

Vendorly Oversight Platform Helps Clients Mitigate Risk of Wire Fraud

Altisource Portfolio Solutions SA (ASPS) CEO William Shepro on Q2 2020 Results - Earnings Call Transcript

Altisource Announces Second Quarter 2020 Financial Results

LUXEMBOURG, Aug.  03, 2020  (GLOBE NEWSWIRE) -- On Thursday, August 6, 2020, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the second quarter 2020.  A press release and presentation will be available on Altisource’s website in the Investor Relations section.

Altisource Portfolio Solutions S.A. Schedules Second Quarter 2020 Conference Call

Title and settlement services company Premium Title adds RON option to a full suite of e-close capabilities it has offered customers since 2018 Title and settlement services company Premium Title adds RON option to a full suite of e-close capabilities it has offered customers since 2018

Premium Title adds remote online notarization (RON) to make loan closings more efficient during COVID-19 pandemic and beyond

Too Early To Buy Altisource Portfolio Solutions

Highlights Substantially Lower Levels of Support for Several Incumbent Nominees as Indication of Shareholders’ Lack of Confidence in RESI Board

Altisource Issues Statement on Front Yard Residential Corporation’s 2020 Annual Meeting of Shareholders

Altisource calls for increased transparency from RESI regarding the failed Amherst transaction

Altisource Suggests 10 Questions for Shareholders to Ask Front Yard Residential Corporation at Its Upcoming 2020 Annual Meeting of Shareholders

Incumbent nominees Rochelle Dobbs and George McDowell must be held accountable for RESI’s governance failures and history of underperformance

Altisource Issues Open Letter to Fellow Shareholders of Front Yard Residential Corporation

LUXEMBOURG, May  11, 2020  (GLOBE NEWSWIRE) --  Altisource Portfolio Solutions S.A . (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, announced today that due to the public health impact of the COVID-19 pandemic and the restrictions on public gatherings issued by the government of Luxembourg, it will host its 2020 Annual Meeting of Shareholders virtually, and will no longer include an in-person event. The previously announced date and time of the meeting (May 19, 2020, at 9:00 a.m. Central European Time), and the business items to be considered at the meeting, remain the same.

News for Altisource Stock (ASPS)